$2,731 Closing Credit*
$230,000
1,060 SqFt
2 Beds
•1 Full Bath, 1 Partial
James S Shull, Listing Office: Five Star Real Estate (Main)
Is Grant, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Grant has remained a Seller's Market.
Key Takeaway
Grant is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grant, MI
How much do homes in Grant, MI cost?
Median Sold Price
$246,750
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,750(+9.7%)
Key Takeaway
Homes in Grant have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Grant was $246,750 in October 2024, up 9.7% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $175K | N/A |
| 2 Bedrooms | $163K | $176.9K | +8.6% |
| 3 Bedrooms | $214.7K | $246K | +14.6% |
| 4 Bedrooms | $256.5K | $267.4K | +4.3% |
| 5+ Bedrooms | $365K | $327.5K | -10.3% |
Summary: Grant housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 10.3%.
Median Sold Price Compared To Nearby Cities
| Grant | $225K | $246.7K | +9.7% |
| Grant Township | $227K | $247.5K | +9.0% |
Housing Supply in Grant, MI
How many homes are available in Grant, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 37 | +23.3% |
Summary: The Grant real estate market had 37 homes for sale in October 2024, a 23.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 12 | 19 | +58.3% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Grant housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 58.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grant, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Grant in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Grant, MI
How long does it take to sell a home in Grant, MI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 26 Days | +38.1% |
Summary: Homes in Grant had an average of 26 days on market in Oct 2024, up by 38.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Grant has remained consistent over time.
Summary: During October 2024, 7 homes were sold in Grant; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
